Serve Robotics (NASDAQ: SERV) holder lines up stock sale after June trade
Rhea-AI Filing Summary
Serve Robotics Inc. (SERV) had a Rule 144 notice filed on behalf of Touraj Parang for potential sales of common stock through Fidelity Brokerage Services LLC on NASDAQ. The notice lists 18,183 common shares with an aggregate market value of $82,362.66 as of August 18, 2026.
Planned shares come from restricted stock vesting events: 714 shares on December 5, 2025, 6,965 shares on January 5, 2026, and 10,504 shares on February 1, 2026, all described as compensation. The filing also reports that 4,219 common shares were sold in the prior three months for $30,525.52 on June 10, 2026.
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Key Figures
Shares listed in notice: 18,183 shares
Aggregate market value: $82,362.66
Vesting shares 12/05/2025: 714 shares
+5 more
8 metrics
Shares listed in notice
18,183 shares
Common stock with an aggregate market value noted in the Rule 144 filing
Aggregate market value
$82,362.66
Value associated with the 18,183 common shares as of August 18, 2026
Vesting shares 12/05/2025
714 shares
Restricted stock vesting on December 5, 2025, categorized as compensation
Vesting shares 01/05/2026
6,965 shares
Restricted stock vesting on January 5, 2026, categorized as compensation
Vesting shares 02/01/2026
10,504 shares
Restricted stock vesting on February 1, 2026, categorized as compensation
Recent shares sold
4,219 shares
Common shares sold on June 10, 2026, in the three months before the notice
Proceeds from recent sale
$30,525.52
Total sale amount for 4,219 common shares sold on June 10, 2026
Rule 144 notice date
08/18/2026
Date tied to the market value disclosure and signature
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 12/05/2025 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Touraj Parang"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing mean for Serve Robotics Inc. (SERV)?
The Form 144 indicates that Touraj Parang has notified of an intent to sell Serve Robotics common stock under Rule 144. It lists 18,183 shares with an aggregate market value of $82,362.66 as of August 18, 2026.
What past sales of SERV stock are disclosed in this Form 144?
The filing reports that on June 10, 2026, 4,219 shares of Serve Robotics common stock were sold for total proceeds of $30,525.52. This reflects sales during the three months preceding the notice.
Who is handling the SERV stock transactions in this Form 144?
The transactions are associated with Fidelity Brokerage Services LLC, listed with an address in Smithfield, Rhode Island. The Form 144 is signed by Daniel Tucci as a duly authorized representative and attorney-in-fact for Touraj Parang.
On which market is the SERV stock in this Form 144 intended to be sold?
The Form 144 identifies the common stock of Serve Robotics as traded on NASDAQ. The notice covers potential sales of these NASDAQ-listed shares under Rule 144 after the specified restricted stock vests.
AI-generated analysis. How Rhea-AI works. Not financial advice.